US Bond Yield Alert: 2-year/10-year spread inverts for the first time since 2019, signals coming recession

The difference between the US 2-year (just under 2.40%) and 10-year (just under 2.40%) yields just fell below 0.0% (or "inverted") for the first time since 2019. Over the past 70 years, this has been a reliable indicator that a recession in the US economy is coming within the next 18-24 months.